In light of recent developments in the social and legal acceptance of cannabis in the United States, more and more cannabis-based products are entering the market. As an entrepreneur, you might want to consider the viability of hemp and cannabidiol (CBD) as as a potential business prospect. Read on to find out why.
What is Hemp?
Hemp is a variety of the cannabis plant, more commonly known as industrial hemp. You might be wondering if this is the same as marijuana because they are both a variety of cannabis. Hemp has lower levels of THC (tetrahydrocannabinol, the psychoactive ingredient in cannabis), as compared to marijuana, but higher amounts of CBD (a highly medicinal component). In fact, industrial hemp is often cultivated for its fibers, which are used for various purposes including clothing, paper, plastic, and food.
What is CBD?
The cannabis plant contains chemical compounds also known as cannabinoids. THC and CBD are just two of more than 100 cannabinoids founds in cannabis. These compounds are known to have a variety of effects on a person, depending on the amount consumed. CBD is a non-psychoactive substance that is widely used for medicinal purposes. It does not induce any kind of high. In fact, it is said to counter the effects of THC. Because of these attributes, the CBD compound is often used in conjunction with other medical treatments for diseases including cancer, epilepsy, and arthritis.
Hemp and CBD are Potential Business
There are numerous industrial and medical uses for hemp and CBD, hence, this market is growing and will continue to grow. Entrepreneurs who are planning to enter the market are, therefore, in for a treat…and here’s why:
It is a Rapidly Growing Market
The legalization of medical marijuana in 33 of the 50 states in the United States has paved the way for many cannabis-based products to enter the market. Aside from marijuana, as an aid for medical treatments, most states permit the use of CBD oil too. This is why you will find a lot of CBD-infused items in places where it is legal. In fact, only three states have a total ban on the use of cannabis and its compounds.
Marijuana is Easy to Cultivate
One of the main differences between marijuana and hemp is the environments in which they thrive. Marijuana needs a carefully controlled environment for it to grow, while hemp can adapt to different kinds of climates. This means it can grow with minimal care, making it perfect for growing in bulk. Just make sure that you possess only the permitted number of plants per your state’s cannabis laws.
The Possibilities are Vast
CBD oil is extracted from the cannabis plant, including hemp. Because of this, you can use your hemp fibers for industrial purposes, while having a source of cannabidiol extracts. Keep in mind that cannabidiol can be used not only for medical purposes but also for body, skin and even sexual wellness. This means that with proper marketing, you can target various markets.
Lots of Prospective Products
As a product, CBD is a versatile and marketable one. You can sell it in pure oil form in bottles or as tinctures. Moreover, you can incorporate it into various health, body and skin care products such as creams, balms, lotions, and shampoos. This compound can even be mixed in with food items to make candy, baked goods, and even fat-based beverages.
Like with any business prospect, ensure that you enter the market armed with proper research when it comes to the products, including its usage, distribution and the relevant state laws. This way, you can launch your business with the least amount of fuss, making the benefits of hemp and CBD more accessible to your potential customers.
What is Kratom: A Quick & Dirty Guide
More and more individuals are looking for healthy and natural alternatives to medications. While this does not mean that such options will replace medicines, the presence of naturally occurring substitutes can benefit patients. Just look at the impact of cannabis is the medical community, which is now being studied as a safer and less addictive replacement to opioids.
Kratom is one of the naturally occurring options to some medications. Those who are in search of healthy and safe alternatives but are not familiar with this plant should take a look at the guide below:
Introducing the Plant
Kratom or Mitragyna speciosa, is a tropical tree found in parts of Southeast Asia such as Indonesia, Malaysia, Papua New Guinea, the Philippines, Thailand and Vietnam. It belongs to the botanical family Rubiaceae. There are three varieties of this tree such as those with white, red and green leaf veins. Each type contains varying levels of chemical compounds that gives it psychoactive effects.
Those with green leaf veins are known to give uplifting effects, which offers a boost of energy. Meanwhile, those with red veins are known for is sedating property. In some Southeast Asian cultures, this plant Is consumed as an intoxicant or as medicine. It can be consumed fresh or dried. Its leaves can be chewed fresh or it can be brewed into teas. It also comes in pill or tablet form.
Aside from its activating and sedative effects, these leaves are also known for being an analgesic and mood enhancers. When used for its medical properties, it can help in relieving pain and addressing sleep issues.
Kratom and other Similar Plants
Now that you know what this plant is and its effects, you might be wondering how it compares with other plants such as cannabis. Like cannabis, kratom is known for its psychoactive properties. Both are also used in folk medicine in various cultures because of their pain-relieving, uplifting and sedative effects. They also come from a family of flowering plants, and they have varieties that are valued for their respective medicinal and recreational effects.
However, they share some differences. The most obvious is that cannabis is becoming more mainstream and is even incorporated in federal and state legislations. Moreover, cannabis comes from the family cannabaceae, while kratom belongs in the family rubiaceae.
Speaker of families, did you know that kratom and coffee are related? They both belong in the family rubiaceae. They both have energy boosting and mood-enhancing attributes. Both are also rich in anti-oxidants. Kratom, however, has a sedative property. It also has a pain-relieving attribute, which coffee also has but to a limited extent.
Legislation Regarding Kratom
We all know that cannabis is federally a Schedule I drug as per the Controlled Substances Act. It has also been legalized for medical use in more than 30 states and for recreational use in 11 of those, including DC.
Kratom is legal in almost all states except Alabama, Arkansas, Indiana, Rhode Island, Vermont and Wisconsin. In some states, it is fully legal, but in some prohibit it in some counties and cities. However, some are proposing that it should be included in the list of Schedule I drugs. You can also buy kratom powder online from various retailers.
Internationally speaking, the legality of this plant varies. Some countries such as Australia, Japan, Malaysia, Thailand, Russia and Poland do not allow the consumption of this plant.
Kratom can be the next big thing when it comes to naturally occurring alternatives. While no significant researches have been conducted, unlike in the case of cannabis, it might be worth considering, especially for scientists and those who are looking for natural options.
5 Products Available At Cannabis Dispensaries
Many people have long enjoyed the variety of health benefits of cannabis. The substance is the base of numerous products sold in venues for legal purchase known as marijuana dispensaries. Read on for a brief overview of cannabis, its purported benefits and the items that one might find available for sale inside such destinations.
Cannabis is a commonly grown plant. Various components of this herb, such as its seed oil and dried leaves, are employed for a wide variety of therapeutic and medicinal purposes.
The chemicals in cannabinoids, which are products composed of cannabis, project a soothing effect over the brain’s neurotransmitters. Neurotransmitters submit messages throughout, which help nerve cells throughout the body perform various important functions. These components, also known as brain cells, impact critical, everyday actions, like cognitive functions, coordination, movement, thought and sensory perception.
Some people use cannabis-based substances, such as marijuana, for recreational purposes. When employed for such uses, the drug can exert an ultra-soothing influence over the brain and induce a feeling of tremendous calm and could potentially diminish one’s cognitive functions, like memory and concentration, in addition to their reflexes and reaction times.
Marijuana has, however, found an important place in modern medicine. For those who smoke the chemical, they often experience potentially positive occurrences, including decreased levels of pain and an improved appetite. These attributes possess the capacity to benefit subjects stricken with major illnesses, such as cancer and other life-threatening maladies. As well, medical professionals prescribe them in medicinal dosages to those dealing with such ailments.
That said, when ingested for remedial endeavours, most cannabis-laden products do not impact the mind but lessen a host of systemic problems capable of eliciting numerous untoward and potentially life-altering symptoms.
There are several ways for an individual to ingest cannabis into their system. Most people are familiar with the most common internal route, which is smoking. Those who use marijuana inhale lit cigarettes composed of the substance or inhale vapours created from the substance’s smoke.
However, cannabis-based products enter the body through different avenues. Many items containing cannabidiol, often abbreviated as CBD, come in topical form. These materials come in the form of oils, ointments and lotions, which receive application to the skin. On other occasions, cannabidiol can be ingested in various foods and beverages or taken as a supplement presented in capsule form.
Therapeutic Uses Of Products Containing Cannabis
Scientific studies have concluded that cannabis-laden products do not merely help seriously or terminally ill subjects. Items like CBD oil might provide relief for individuals coping with less severe but potentially life-changing issues, including:
CBD has proven effective in treating the discomfort associated with chronic conditions, like multiple sclerosis and rheumatoid arthritis. Such subjects witnessed improvement in performing simple activities, such as walking and executing other pertinent movements without significant pain.
Individuals experiencing sleep challenges or even full-blown insomnia have noticed some improvement after using CBD products. Regardless of the precipitating factor, many users have gotten more vital sleep as a result.
CBD has proven effective in easing the physical manifestations associated with the common skin ailment known as acne. Researchers have been unable to draw an exact correlation between cannabis and the ailment. However, said scientific professionals opine that these fruitful results may be attributable to the drug’s inflammation-fighting properties, in addition to its ability to suppress excessive systemic production of an oily skin secretion called sebum.
Studies conducted have shown that individuals who use CBD products may witness a reduction in blood pressure. High blood pressure is often a major culprit in potentially life-threatening problems, like heart attacks, strokes and peripheral vascular disease.
Various Mental Disorders
The soothing effects of cannabis-comprised items may precipitate improvement in individuals diagnosed with mental disorders, such as anxiety and depression. CBD products have gained notice as potential therapeutic options for these issues because said products are thought not to elicit the side effects that other drugs commonly employed to treat such ailments do.
Substance Abuse Treatment
People employ cannabis as a drug addiction treatment. Researchers have found that CBD may modify brain circuits related to drug dependency and has returned favourable results in aiding those with addictions to narcotic substances, like heroin.
Five Products Available At A Cannabis Dispensary
CBD oil is amongst the most popular products a marijuana dispensary sells. These products often come in different types and aromas. Industry insiders opine that the effects are not as strong as other cannabis products. However, these items are still potent enough to provide suitable relief for health issues, such as skin problems, pain and headaches.
Foods can have cannabis infusions added. Experts suggest the oral route is the most effective mode of administration for those using said materials for medicinal purposes. Products commonly containing cannabis concentrations include foods, like chocolate and beverages, such as coffee and tea.
Capsules are favoured by many because such modes of administration enable users to monitor the amounts they are ingesting carefully. Though somewhat more expensive than edible products, pills are easy to take and do not possess the distinctive cannabis taste that some might find disagreeable.
Usually, vaporizers appear like pens that allow those who prefer smoking cannabis to ingest the substance in as healthy and effective a way possible. Vaping pens have cartridges that process water into vapour. When one vapes, they are not forced to hold the smoke in their mouth. Such practices are far more gentle on the user’s lungs.
These products typically come in bottles equipped with eyedropper-like objects. Usually, users remove the dispenser from the bottle and drop a small percentage of liquid under their tongue. Industry insiders suggest that this method is popular because cannabis effects commence with greater expediency than other methods.
What To Look For In A Marijuana Dispensary
Not all such facilities are created equal. Prospective customers are encouraged to conduct business with establishments demonstrating responsibility. Reputable distributors understand that cannabis is a drug and will not sell to individuals indiscriminately. In many cases, proprietors of such establishments will want to know the potential purchaser’s purpose for using the substance.
5 Tips When Purchasing CBD Online
CBD’s popularity status has been on the rise ever since the Farm Bill was signed into law in 2018. This bill made it possible for CBD to be taken of the banned substance list by the Federal Government, and is now legal across the US.
CBD is one of the two most researched phytocannabinoids along side THC. CBD does not produce a psychoactive effect while THC does. These two compounds can stand alone to render a particular effect or work together to create a full experience effect of the whole plant. As CBD continues to trend, this article will guide you through the 5 tips when purchasing CBD online.
1. Customer Service
Customer service is vital to any business, and the hemp industry is no exception. Only associate yourself with brands that take pride in customer service. These brands oftentimes prove to be transparent and go above and beyond to achieve complete customer satisfaction. They are able to do so as they are knowledgeable, patient and polite. In such a highly saturated CBD marketplace, you don’t have to accept anything less. In addition, go with a company that is accessible to you and provides a human contact customer service phone number.
The information provided by a company can give you a good idea about what that company and its products are about. Keep an eye out for companies that equip you with reliable information and invest time into keeping their customer and the pubic inform about CBD. Navigate their web page and read their blogs before purchasing CBD online.
3. Source of Hemp
As direct as this may seem, stay away from CBD products like CBD oil or CBD Gummies that were manufactured from hemp grown outside of the United States. Doing so will help you avoid putting harmful chemicals in your body, by way of tainted CBD products. Because there are no strict guidelines, hemp farmers outside of the US tend to use soil enhancers that are toxic.
4. Third Party Testing
Think twice before you purchase a CBD product from a company that does not have Third Party test results accessible. When there is nothing to hide, nothing is hidden. Test results done by an accredited testing facility such as ISO (International Organization for Standardization), should be provide for every product. This can help determine the legitimacy and safety of the product. Referring to the products results can definitely confirm if the product has the amount of CBD that is stated on the label. With no test results, a company could sell you hemp seed oil products (which has no CBD) and simply pass it off as CBD products.
5. Product Types
Buying the right CBD product to suit your needs can become a challenge if you don’t have an idea of what you are looking for. There are different CBD consumption methods depending on the condition you have, and effect you want to achieve. Oil tinctures, gel capsules, and CBD gummies are better suited for individuals who prefer the oral consumption method. They are convenient to use and have proven to be great “on the go” products. A CBD stick or CBD Massage Oil will get the job done for those who want external relief using a CBD topical.
Finding the right CBD company and product can become overwhelming. Be patient with yourself through this experience. We give you permission to be your own detective and find the right brand and product. Our hope is that this article was helpful to you.
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